We are committed to delivering high quality health care services, long-term sustainable
growth and shareholder returns. The Board recognises the importance of good governance
in achieving these corporate objectives, in discharging its responsibility to the Company and
endeavouring to meet the expectations of all stakeholders and in executing the broader role of
Ramsay as a good corporate citizen.
Our governance framework is designed to ensure that we are
effectively managed, that statutory obligations are met and that the
culture of personal and corporate integrity – the Ramsay Way –
is reinforced. The Ramsay Way philosophy is 'People Caring for
People'. We remain committed to maintaining these principles across
all aspects of our business, honouring the architect of The Ramsay
Way, the late Mr Paul Ramsay AO.
Our Board regularly reviews its corporate governance policies and
processes to ensure they are appropriate to meet governance
standards and regulatory requirements. The roles of the Board
and the Committees are set out in the Charters, available
on the Ramsay website at www.ramsayhealth.com/Investors/Boardof-
Directors. Further details are set out in the Corporate
Governance Statement for the financial year ended 30 June 2021,
which outlines the key aspects of our corporate governance
framework and practices and is available at www.ramsayhealth.com/
Corporate Governance Statement
The Company’s 2021 Corporate Governance Statement
can be found at: ramsayhealth.com/sustainability/
The Ramsay Way
People are at the heart of our success. As ‘people caring
for people’ there are three key ways we approach our work
We value strong relationships
Healthy working relationships lead to positive outcomes for all.
We look out for the people we work with, and we respect and
recognise them. Strong healthy relationships are the foundation
of our stakeholder loyalty.
We aim to constantly improve
We do things the right way. We enjoy our work and take pride in
our achievements. We are not afraid to challenge the status quo
to find better ways.
We seek to grow sustainably
Maintaining sustainable levels of profitability are only part
of our success. We prioritise long term success over short
term financial gains. Because we care about our people, our
community and our planet.
Our governance framework
The Board has formally delegated certain functions to Board Committees
and to management via Board and Committee charters.
Audit Committee Risk Management
and other Senior Executives
30 Annual Report 2021